https://www.taxtmi.com/caselaws?id=403617 The court directed the petitioner to submit a detailed proposal within 7 days, offering immovable property as security to replace frozen bank accounts due to alleged fraudulent activity related to Input Tax Credit. The property must cover the disputed tax amount, be clear of charges, tax compliant, and not in legal disputes. The Revenue has 45 days to investigate and communicate its decision. The judgment aimed to resolve the freeze issue, balancing the petitioner's operational needs with the Revenue's interest in securing taxes, with the next hearing scheduled for April 15, 2021. en-us Fri, 29 Jan 2021 00:00:00 +0530 Mon, 24 Mar 2025 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403617 The court directed the petitioner to submit a detailed proposal within 7 days, offering immovable property as security to replace frozen bank accounts due to alleged fraudulent activity related to Input Tax Credit. The property must cover the disputed tax amount, be clear of charges, tax compliant, and not in legal disputes. The Revenue has 45 days to investigate and communicate its decision. The judgment aimed to resolve the freeze issue, balancing the petitioner's operational needs with the Revenue's interest in securing taxes, with the next hearing scheduled for April 15, 2021. Case-Laws GST Fri, 29 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403617